Don't get greedy, if you have the money, follow more of a management path, do ten deals a year for half the money, you'll do better than doing three trying to do more or everything.Your dad probably has a head for numbers, you concentrate on keeping the money safe he can see if things pencils out.

I felt like they patted me on the head and indicated they knew what they were doing and thanks for your opinion.  

The thing is though, since starting a business is outside his comfort zone and he would encourage that I should just be happy living a conservative life at a 9 to 5 job, it would have been a far easier business proposal for him to wrap his head around in comparison to real estate.  

Wow this is really old But i guess i will pop my head in here to I'm From Michigan As well Happy Investing We

I think this will only be a short-term negative affect as some residents of southwest Houston head to the hills.That said, Houston still has a very efficient Real Estate Market operating on a approximate 15% ratio.

Did some quick math in my head and realized there's no point in taking that money out of the money market fund now when I can do it next month.Not sure what I'll earn in the MM fund in 30 days, but I drive past the tax office about 3 times a week so it won't even cost me a stamp to pay in January.Not much, kind of picking nickels out of horse s**t, but every little bit helps.all cash

High income "renters" seem to buy condos for the benefits of ownership.Originally posted by "tasigurl":Civilians47%47%47%Armed Forces0%0% 1%Not in Labor Force23%24% 26%There are some subsidy programs out there for rental units for members of the armed forces; these programs pretty much guarantee that you will receive your rent (I don't participate in these programs, but I have a friend who does so I don't know the name of the programs off the top of my head).Originally posted by "tasigurl":Education LevelsCamasClark CountyWashingtonK-12 21%25% 25%High School Diploma16%17% 16%College Graduate11%9% 12%Post Graduate6%4% 5%I don't put a lot of stock into this information, but there is probably a positive correlation between level of education and homeownership.Originally posted by "tasigurl":Real Estate Market Data CamasClark CountyWashingtonTotal Housing Units4,62072,081 1,133,691Average Home Price$265,194$203,225 $227,377Useful.

But to try and flip this house at a point when real estate is already heading down involves taking considerable risk.

I have been through a couple very slow patches and I can honestly say that just putting your head down and pushing through works.

Eventually in the late '80s prices stabilized, then started to rise.When I see some of the crazy development going on in Houston, San Anton and Austin now I wonder if we're not heading into a similar period.Result, even "good" people walked away.Just a little anecdote to brighten your morning.